Earnings
November 15, 2018 - PKI
New! Parkland Fuel Corp - Q3-2018 Earnings & Price Target Update .....
November 13, 2018 - SPB
Superior Plus Corp - Q3-2018 Earnings & Price Target Update .....
November 11, 2018 - GEI
Gibson Energy Inc. Q3-2018 Earnings & Price Target Update .....
November 9, 2018 - KEY
Keyera Corp. Q3-2018 Earnings & Price Target Update .....
November 9, 2018 - DR
Medical Facilities Corp. Q3-2018 and Price Target Update .....
November 8, 2018 - FTS
Fortis Inc. Q3-2018 Earnings - Price Target Update .....
November 7, 2018 - BEP.UN
Brookfield Renewable Energy Partners LP - Q3-2018 Earnings Update .....
November 4, 2018 - ENB
Enbridge Inc. Q3-2018 Earnings & Price Target Update .....
Recommendation Changes
ENB, HSE, ALA, TRP, BCE, more...

Inter Pipeline Ltd. Q1-2018 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Inter Pipeline owns and operates energy infrastructure assets primarily in western Canada, and also the United Kingdom, Germany, Ireland and Denmark. Beginning in Q1-2018 Inter Pipeline's four operating segments will be combined into three segments comprised of Pipelines, Facilities and Marketing. The oil sands transportation and conventional oil pipelines will be combined with NGL extraction business and business operations in western Canada, the bulk liquid storage business operates in Europe. The Oil Sands Pipelines segment generates a 50% of funds from operations, NGL Extraction - 20%, Conventional Pipelines – 20% and the Bulk Liquids Storage - 10%. They gather 40% of production from the Canadian Oil Sands, transport 15% of conventional Canadian crude volumes, process 40% the natural gas exported from Alberta, and they are the 3rd largest independently owned tank storage business in Europe. They have $2.2B of capital projects planned to come into service between 2018 and 2020, the largest being the Heartland polypropylene fractionator acquired from Williams Co.

Acquisition of Williams Co. Canadian Assets

Inter Pipeline acquired Williams (WMP-NYSE) Canadian natural gas liquids midstream businesses for $1.35B in Sept-2016. Williams Canada pioneered the process of extracting NGL and olefins from off-gas, a by-product of bitumen upgrading operations in the oil sands region. Assets acquired include two liquids extraction plants located near Fort McMurray, Alberta, a fractionator near Redwater, Alberta and a pipeline system that connects these facilities. The two extraction plants have the capacity to recover approximately 40,000 barrels per day of NGL and olefins from the upgrader off-gas. The liquids mix is then separated into marketable products at the Redwater fractionator and sold across North America.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
November 10, 2018
New! Coverage Universe - Weekly Price Changes Nov 2-11, 2018
November 2, 2018
Coverage Universe - Weekly Price Changes Oct 26-Nov 2, 2018
October 26, 2018
Coverage Universe - Weekly Price Changes Oct 19-26, 2018
October 25, 2018
Royal Bank 4.8% Preferred Share New Issue
October 19, 2018
Coverage Universe - Weekly Price Changes Oct 12-19, 2018
October 12, 2018
Coverage Universe - Weekly Price Changes Oct 5-12, 2018
October 6, 2018
Coverage Universe - Weekly Price Changes Sept 28 - Oct 5, 2018
October 2, 2018
Bank of Nova Scotia - 4.85% 5 yr Rate Reset Preferred Shares New Issue